CHORD Nashville Team

Brentwood, TN 37027

Single-Family Homes

info@CHORDrealestate.com 615.988.1001



Brentwood, TN 37027

Thu Dec 01 2022
This week the median list price for Brentwood, TN 37027 is $1,799,950 with the market action index hovering around 35. This is less than last month's market action index of 38. Inventory has increased to 179. Click here to stay informed with the Brentwood market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Brentwood, TN 37027

Thu Dec 01 2022
This week the median list price for Brentwood, TN 37027 is $1,799,950 with the market action index hovering around 35. This is less than last month's market action index of 38. Inventory has increased to 179. Click here to stay informed with the Brentwood market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Brentwood market.
Median List Price $1,799,950
Median Price of New Listings $937,499
Per Square Foot $366
Average Days on Market 92
Median Days on Market 63
Price Decreased 49%
Price Increased 7%
Relisted 20%
Inventory 179
Median Rent
Market Action 35
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,903,567 7,241 1 - 2.5 acres 5 6 0 2 0 108
$2,200,000 5,077 0.5 - 1 acre 5 5 15 1 2 56
$1,299,000 4,034 0.5 - 1 acre 4 3.5 27 5 8 49
$629,998 2,468 6,500 - 8,000 sqft 4 2.5 20 8 5 56